The Minutes for the FOMC meeting on July 29-30 emphasized divergent views about the balance of risks to the economic outlook and, in turn, how soon the Fed should consider cutting policy rates. The ...

REACTION TO OUR INTEREST RATE CUTS HAS SO FAR BEEN SLOWER THAN ANTICIPATED RBNZ GOVERNOR HAWKESBY: GLOBAL UNCERTAINTIES HAD A ...

The Fed minutes from the 30 July meeting don't in general sound like the type of minutes that are setting us up for a rate cut. There is acknowledgement of a slowing tendency in the economy, but also ...

UK Sees Hot Inflation but a Lower Pound. UK CPI came in at 3.8%. This was higher than expectations, yet the pound dropped. Meanwhile, the RBNZ concluded a dovish meeting which caused a sharp drop in ...

Markets in the United States and around the world are anxiously awaiting the resumption of the Federal Reserve’s rate-cutting ...

Thank you for inviting me to speak today on payments innovation. It is an exciting time to work in payments. While I have always been interested in the topic, I would have never imagined decades ago ...

President Donald Trump will tap his top economic advisor Kevin Hassett to be the next Fed chair, according to respondents to ...

The director of the Federal Housing Finance Agency is urging Attorney General Pam Bondi to investigate Federal Reserve Governor Lisa Cook over a pair of mortgages, the latest in a ...

U.S. crude oil refinery inputs averaged 17.2 million barrels per day during the week ending August 15, 2025, which was 28 ...

The director of the Federal Housing Finance Agency is urging Attorney General Pam Bondi to investigate Federal Reserve ...

I am glad that I looked at things in an optimistic light yesterday because the news from the UK this morning heads towards the other end of the spectrum. The Consumer Prices Index (CPI) rose by 3.8% ...

We're writing this note two days ahead of the Jackson Hole Symposium, which we generally see as a neutral/dovish event risk ...